The role of rising powers has become increasingly important in international development. Some of these countries base their development assistance strategy on the ‘South–South Cooperation’ framework, centred on a notion of equal partner relationships and extending cooperation beyond aid flows.
Our research shows that rising powers’ economic engagement with countries in sub-Saharan Africa (SSA) is not that different to that of OECD countries in relation to sector and country allocations of aid, trade and Foreign Direct Investment (FDI). As such, the ‘South–South’ cooperation framework does not yet appear to be distinctive when looking at aggregate economic flows.
This policy brief is based on the Evidence Report The Economic Engagement Footprint of Rising Powers in Sub-Saharan Africa: An Analysis of Trade, Foreign Direct Investment and Aid Flows.
It was produced by the IDS Rising Powers in International Development programme.
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